News
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UK housing market set for surge as firms grow land banks
More deals are expected in the UK housing sector this year as homebuilders seek to expand their land holdings in anticipation of a market recovery.
British homebuilders faced ...
Posted: 14th Mar 2024
Egypt unveils $35 billion investment along Mediterranean coastline
Egypt has partnered with the UAE to develop its Mediterranean coast, bringing $35 billion in investments.
The deal involves ADQ, an Abu Dhabi-based sovereign fund, focusing on...
Posted: 8th Mar 2024
Over 350 Members have now joined WoodScanner
WoodScanner is very happy to announce that we have over 350 Merchant Members signed up as part of our growing community – all looking for sellers like you!
We welcome t...
Posted: 1st Mar 2024
Panama Canal crushed global timber amid Red Sea tensions
Severe drought conditions have led to the potential closure of the Panama Canal, impacting global shipping routes significantly.
China, a prominent supplier of plywood, has di...
Posted: 23rd Feb 2024
German Sawmill Association welcomes funding
The German Sawmill and Wood Industry Association (DeSH) welcomes the revival of a funding program for the German house construction sector.
DeSH criticizes the program for lac...
Posted: 17th Feb 2024
Saudi Arabia's Vision 2030's infrastructure projects hit $1.1 trillion in value
The total value of the real estate and infrastructure projects since the start of Saudi Arabia’s Vision 2030 plan in 2016, crossed $1.1 trillion.
The Kingdom is expecting o...
Posted: 12th Feb 2024
UK softwood traders face rising demand and reduced supply in Q1/2024
As the New Year began, many areas of the UK were deluged with incessant rain and flooding, leaving building sites both large and small virtually abandoned. With footings under...
Posted: 24th Jan 2024
Global wood market to hit $903 billion by 2026
The global wood industry will grow in the next few years as the market is expected to hit $903 billion in 2026, registering a compound annual growth rate (CAGR) of 7.2%...
Posted: 16th Jan 2024
Boost engagement and interest in your brand in 2024
Do you realize how many potential sales you lose because your customers are unaware that you have the product in stock? It is a common misconception that online marketing is s...
Posted: 8th Jan 2024
European inflation drops to 2.4% as interest rates make impact on economic pace
In November, European inflation was pleasantly surprised by falling to 2.4%, marking the lowest point in over 2 years and offering some relief.
The decline in energy costs hel...
Posted: 14th Dec 2023
Lower container volumes at Port of Liverpool
The Port of Liverpool is set to cut 125 dock workers’ positions due to a notable decline in container volumes.
Peel Ports, the port’s operator, expressed regret ov...
Posted: 13th Dec 2023
The WoodScanner path to deliver sustainability
As supply lines and availability increases it remains our mission to promote the global use of sustainable timber products.
Our industry has changed. All of us must work toget...
Posted: 6th Dec 2023